Question: D12 #3. Compound Interest (Pt 1) SV Help Save & Exit Submit A credit union's Rate-Climber GIC pays rates of 2%, 25%, and 3% compounded

D12 #3. Compound Interest (Pt 1) SV Help Save & Exit Submit A credit union's Rate-Climber GIC pays rates of 2%, 25%, and 3% compounded semiannually in successive years of a three-year term What will be the maturity value of $12,000 invested in this GIC? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Maturity value $ 7.02

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